Conservativeestimates suggest just 2% of that energy could be tapped by EGS in practice, but even that would be far more than is needed to supply all of America's electricity.
Berkley said industry risk models have all but abandoned the once common indicator known as "Absolute Maximum Loss, " preferring to base premiums on the more conservative "Probable Maximum Loss" calculation, which lowers damage estimatesby factoring in long odds of catastrophic events.